Fortune Collective retweetledi
Fortune Collective
92 posts
Fortune Collective
@JoinFortune
For Those Who See Beyond • (Invite-Only) Apply Below 👇
Katılım Kasım 2024
3 Takip Edilen3.2K Takipçiler
Fortune Collective retweetledi
If you're just starting crypto and don't have much capital, you should 100% get a job
For some people, this is a big hit to their ego, but the money you earn can help in many ways:
- More money to trade with so you're not doing 0.01 SOL buys
- Can join a paid group
^ Kinda taboo, but very helpful if you have no friends in the space and join the right one. I still trade with some people I met in my first paid group 2 years ago
English
Fortune Collective retweetledi
If you're a student or have a job, finding time to focus on crypto can be hard
Trading slower cooks is one solution to this
Recent examples of slow cooks are $HYPE, $CARDS, and $THREE
You had a ton of time to accumulate, research, and sell all of these, which is great for a "part-time trader"
English
Fortune Collective retweetledi
Robinhood Meta With @JoinFortune…
$Cashcat 12x
$Juggernaut 33x
$Tendies 8x
$Cookware 46x
$GME 8x
$Sherwood 28x
$Index 21x
$HODL 15x
$Swole 3x
$Fidel 6x
$Liger 8x
$Fomo 5x
$Apes 5x
$Vlad 8x
$Wishbone 4x
$JohnPork 2x
$Stonks 4x
$WSB 4x
$Raxol 4x
$401k 3x
$Dexbull 5x
$Kitsu 3x
Deutsch
Fortune Collective retweetledi
Fortune Collective retweetledi
Have you ever made money on a coin and it felt like pure luck? Or you don't even know WHY you made money?
That's an example of a bad win.
In crypto, there are good wins and bad wins.
A good win would be making money on a coin in a way that is replicable, derived from logic (see QRT), etc.
shaams 🐂@shaams
People always cope that crypto is gambling, but that's because they are illogically trading By logically trading though, crypto turns from slots into chess Logical trading - researching, buying coins you can estimate a ceiling on, looking for catalysts, not forcing trades Illogical trading - gambling, emotional, copytrading KOLs
English
Fortune Collective retweetledi
Fortune Collective retweetledi
I talk about catalyst trading a lot, but it really is the best strategy for unknown/new traders
Defined risk, you will know relatively quickly whether the trade is over, and it's pretty consistent
Examples:
Top blasting $ANSEM after Ansem started airdropping/tweeted to nuke the PVP to 0
Top blasting $ASTEROID after Elon said it would be the mascot of SpaceX
Top blasting $CZ after CZ replied to that airdrop tweet
shaams 🐂@shaams
Catalyst trading is the second best way to make money if you're new to crypto It's one of the only strategies for untracked traders to have a solid edge onchain The best opportunities are rare, however the downside is clearly defined and its very consistently profitable
English
Fortune Collective retweetledi
When you first get into crypto, you are dumb. This goes for everyone who has ever traded.
So, your goal should be to make as many mistakes as possible while losing the least amount of money.
As your fundamentals improve and you gain experience, you can gradually increase risk/size.
It's important that you don't blow up before you even have the chance to learn (tbf though, zeroing out is a lesson itself).
You want to survive the initial culling phase of crypto so that, when you finally discover even a small edge, you still have capital to use it.
English
Fortune Collective retweetledi
Fortune Collective retweetledi
People always cope that crypto is gambling, but that's because they are illogically trading
By logically trading though, crypto turns from slots into chess
Logical trading - researching, buying coins you can estimate a ceiling on, looking for catalysts, not forcing trades
Illogical trading - gambling, emotional, copytrading KOLs
English
Fortune Collective retweetledi
The biggest mistake I see new traders make is obsessing over PNL when they first get into crypto
Crypto is not linear whatsoever, regardless of your experience level
Some days you make nothing, other days you lose, and another day you make 6 figs
There's no real pattern, so setting financial goals like "making $10k/mo" is useless
Instead, you should focus on learning, improving your fundamentals, and becoming the greatest trader possible
The opportunities and money will come, eventually, to those who stay consistent
English
Fortune Collective retweetledi
ABS = Always be spending
When I first started trading, I never spent my money
I'd rather use spare cash to invest even more, but this ultimately left me overexposed when the market nuked
Before I knew it, I roundtripped 80% of my portfolio by bagholding memecoins
When I made the money back, I started spending profits on more than just DoorDash
This made me appreciate the value of money and made it easier to take risks because, even if I lost the trade, I still had real life purchases and experience to show for the months I spent trading
Discipline is important when it comes to spending, but always be sure to treat yourself and your family with at least a small portion of your profits
(And also dedicate a bigger portion of your portfolio to security/long term investments, but that's for another post)
English
Fortune Collective retweetledi
Too many people (myself included) freeze up or start fudding when a potential PVE coin spawns
But the risk of being sidelined on PVE can actually be greater than the risk of having a position in it
If you're scared, you don't need to size in. Even a small position is enough because if the thesis plays out, you'll still be thanking yourself for buying
English
Fortune Collective retweetledi
New pairs used to be the best way to make money if you just started crypto, but in the current market this is no longer the case
Frontrunning and catalyst based trading are the best/most consistent ways to make money if you have a low portfolio now
(Check QRT for more info on those)
However, I do still think you should pay attention to new pairs since every runner starts as one. Just be careful with how much money you risk on them in the current market conditions
shaams 🐂@shaams
Here's what I would do if I restarted crypto from 0: - What I'd avoid (0:20) - What I'd do (0:47) - The importance of a good X feed (4:13)
English
Fortune Collective retweetledi
Catalyst trading is the second best way to make money if you're new to crypto
It's one of the only strategies for untracked traders to have a solid edge onchain
The best opportunities are rare, however the downside is clearly defined and its very consistently profitable
shaams 🐂@shaams
Frontrunning is one of the two best ways to make money if you're new to trading or have a small portfolio The FIFA World Cup and Hantavirus coins are good recent examples of this
English
Fortune Collective retweetledi
Fortune Collective retweetledi
Fortune Collective retweetledi
Fortune Collective retweetledi
Frontrunning is one of the two best ways to make money if you're new to trading or have a small portfolio
The FIFA World Cup and Hantavirus coins are good recent examples of this
shaams 🐂@shaams
Here's what I would do if I restarted crypto from 0: - What I'd avoid (0:20) - What I'd do (0:47) - The importance of a good X feed (4:13)
English